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    Property profile & analytics

    Hamilton, OH 45011

    • Turn key restaurants
    OFF-MARKET
    Last Sale
    Aug 23, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US66-1466525
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details

    Property type
    Turn key restaurants
    APN
    L5300-002.000-040
    APU
    L5300002000040

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Butler
    State
    Ohio
    Longitude
    -84.5342
    Latitude
    39.4372
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $225,000
      0.08 Acres

      2104 Fairgrove Ave

      RESTAURANT • 0.08 Acres
      2104 Fairgrove Ave, Hamilton, OH 45011-1923
      View Details
    • Value Estimation
      $225,000
      0.21 Acres

      Hamilton Middletown Rd

      RESTAURANT • 0.21 Acres
      Hamilton Middletown Rd, Hamilton, OH 45011
      View Details
    • Value Estimation
      $220,000
      3,776 SF

      31 Riverside Dr

      RESTAURANT • 3,776 SF
      31 Riverside Dr, Hamilton, OH 45011-5659
      View Details
    • Value Estimation by Request
      2,973 SF

      750 Ee Ave

      RESTAURANT • 2,973 SF
      750 Ee Ave, Hamilton, OH 45011-3806
      View Details
    • Value Estimation
      $230,000
      5,130 SF

      25 7th St

      RESTAURANT • 5,130 SF
      25 7th St, Hamilton, OH 45011-6035
      View Details
    • Value Estimation
      $225,000
      2,594 SF

      1103 Dayton St

      RESTAURANT • 2,594 SF
      1103 Dayton St, Hamilton, OH 45011-4239
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      450.00 Acres

      Carriage Hill: Prime Retail & Office

      450-acre mixed-use development, pad-ready sites.
      0 State Route 747, Hamilton, OH 45011
      View Details
    • $4,700,000
      36,550 SF

      Retail Property on Tylersville Road

      Retail property for sale with substantial square footage.
      3320 Tylersville Rd, Hamilton, OH 45011
      View Details
    • $4,700,000
      5,500 SF

      New Construction Wawa For Sale

      Brand-new Wawa in Fairfield, OH, with a 20-year NNN lease.
      3501 Tylersville Rd, Hamilton, OH 45011
      View Details
    • $6,702,000
      41,464 SF

      Hamilton Warehouse: 41,464 SF

      Prime Ohio warehouse, ideal for business growth.
      4400 Prt Un Rd Main Bldg And Anx, Hamilton, OH 45011
      View Details
    • $5,157,362
      11,061 SF

      PetSuites Liberty Township Retail Investment

      Luxury Pet Resort, Strong ROI, Long-Term Lease
      4928 Urmston Mdws Dr, Liberty Township, OH 45011
      View Details
    • $738,000
      8,200 SF

      Versatile Commercial Building with Storage

      8,200 SF building with showroom, warehouse, and covered storage.
      611 Maple Ave, Hamilton, OH 45011
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      22,082 SF

      4712 Old Kyles Sta Rd

      Restaurants • 22,082 SF
      4712 Old Kyles Sta Rd, Hamilton, OH 45011
      View Details
    • $12 SF/Yr
      1,713 SF

      Retail/Office Space with Restaurant Option

      First floor retail and office spaces with restaurant opportunity.
      315 Dayton St, Hamilton, OH 45011
      View Details
    • Contact for pricing
      2,814 SF

      Available Retail Space, High Traffic

      2,814 SF retail space with ample parking.
      2100 S Erie Hwy, Hamilton, OH 45011
      View Details
    • Contact for pricing
      99,676 SF

      Carriage Hill: Premier Commercial Space

      Exceptional Liberty Township Office/Retail Opportunity
      0 State Route 747, Hamilton, OH 45011
      View Details
    • Contact for pricing
      10,722 SF

      Freestanding Showroom at High-Traffic Intersection

      Former CVS, now a furniture showroom with high visibility.
      1101 High St, Hamilton, OH 45011
      View Details
    • $8 SF/Yr
      20,145 SF

      Hamilton Retail Opportunity

      Prime Mixed-Use Space Available
      0 3 & Dayton St, Hamilton, OH 45011
      View Details
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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